Business
ADRON Homes Inaugurates New Ahpora Executives At Treasure Park & Gardens Phase 2 Extension
Adron Homes has inaugurated new executives of the Adron Homes Property Owners and Residents Associations (AHPORA) for the Uptown and Downtown zones of Treasure Park & Gardens Phase 2 Extension, as part of efforts to strengthen the relationship between the company and residents.
The inauguration gives residents a platform to raise concerns, share ideas and engage with Adron Homes through elected representatives. The executives are expected to help monitor estate-related matters and ensure that issues affecting property owners receive attention.

L-R: Mrs. Augustina Chuks, Chairman uptown zone, Mrs Adenike Ajobo, MD Adron Homes, Sir, Aare Adetola EmmanuelKing KOF, Chairman/GCEO Adron Homes Properties Limited, HRH, Oba Peter Oluwole Ogunbayo, Otete III, Odemo of Isara Remo, Alhaji Akeem Segun Koletowo, Chairman, Downtown Zone at the inauguration and swearing in ceremony of Adron Homes & Property Owners & Residents Association (AHPORA) EXCOs of Treasure Park & Gardens Phase 2, Downtown Estate, Shimawa Ogun State, on Sunday, 18th October, 2026 held at the Event Ground of the Estate.
The event, hosted by Adron Homes on Sunday, October 18, 2026, at Downtown Estate, Simawa, had) HRH Alaiyeluwa Oba Peter Oluwole Ogunbayo (Otete III, Odemo of Isara Remo, as Royal Father of the Day.
In the Uptown Zone, Mrs. Augustina Chuks was inaugurated as Chairman, while Mrs. Ogunba-Ojo Hutawa Aderonke emerged as Secretary General. Hon. Mrs. Wale Fayemi and Mr. Lateef Eniola were represented at the ceremony by their daughter and wife, respectively. For the Downtown Zone, Alhaji Akeem Segun Koletowo was inaugurated as Chairman, with Mr. Alex O. Ohanwadi as Secretary General.
The Chairman/GCEO of Adron Group, Sir Aare Adetola Emmanuel King KOF, said the ceremony marked a new stage in the life of the estate, which residents had turned from unoccupied land into a thriving neighbourhood. “We are not simply inaugurating executives. We are acknowledging that Downtown Estate has reached another stage in its journey,” he said.

He explained that while a developer provides the framework, infrastructure and vision, the people who live in an estate ultimately determine its character. Residents and property owners, he said, are “not spectators” to its development. “You are the story,” he added.
Sir Aare Adetola charged the new executives to see their offices as a responsibility owed first to residents. He urged them to be leaders who “listen without losing direction, speak without creating unnecessary conflict, and disagree without destroying relationships.”
He described the estate’s reputation, peace, orderliness and the relationships among residents as assets that affect the value of everyone’s investment. “The success of an estate cannot be manufactured from the developer’s office. There must also be ownership from the people who live here,” he said.
Also speaking, the Managing Director, Adenike Ajobo, described the challenges Adron Homes has faced in the course of its growth as part of the process of building a stronger organisation.
She described Adron Homes as an unstoppable movement and called on homeowners, property investors and residents to unite under AHPORA. “The only thing we are clamouring for, agitating for, and campaigning for is for all of us to come together to grow our estate together through AHPORA,” she stated.
The new executives will be a link between residents and Adron Homes, communicating residents’ needs, following up on estate-related concerns and promoting accountability in matters concerning the estate.
A couple of home owners who pleaded anonymity, were recognised for their contributions to the security and upkeep of the estate.They donated a motorcycle and security gadgets for use by the estate’s security officials, to support their movement and strengthen patrols. They also supported the painting of the estate’s gate post.
Beyond the motorcycle and security gadgets, They also supported the estate’s security men, providing them foodstuff and additional security gadgets. Reflecting the important role residents can play in keeping an estate safe and well maintained.
Sir Aare Adetola expressed hope that when another set of leaders eventually takes their place, they will be able to say of the current executives: “They left Downtown better than they met it.”
Business
BINATONE Announces Special One Month Black Friday Deals!
Global Appliances Nigeria Limited, manufacturers of Binatone products has, announced an exciting Black Friday deals.
The company’s Managing Director, Mr Prasun Banerjee, said the offer cut across Its Full Range of Smart Home Appliances.
“Binatone, one of Africa’s most trusted appliance brands for over 52 years, is delighted to announce its Black Friday Mega Sales offering amazing discounts across all key supermarkets and leading electronic stores nationwide” Mr Banerjee said in a statement.
The promotion will be from November 6th to december 6th, 2026.
During this period, Mr Banerjee said customers will have a full month to enjoy unbeatable prices on a wide range of Binatone products.
“From energy solutions to kitchen essentials, Binatone will bring exceptional value and innovation to every Nigerian home this festive season,” he added.
According to him, this year’s Black Friday promotions will feature exciting offers across multiple categories stressing that Shoppers can enjoy great discounts on stand fans equipped with mosquito-repellent and air-freshness features, including the newly introduced AD 1601 AC/DC Fan, which can be linked to a solar panel for clean, free air.
“The rechargeable fan range, available in three models with replaceable lithium-ion batteries, recharges in just four hours and provides up to ten hours of cooling—enough to last the whole night,” Mr Banerjee added.
For kitchen lovers, he said the KC6000 Yam Pounder/Fufu Maker promises quick, hygienic, and effortless meal preparation while the air-fryer series, available in three models, requires just a teaspoon of oil to make crispy, tasty, and healthy fries.
“Binatone’s cool-touch kettles, models CEJ 1799 and CEJ 1700T, come with elegant digital displays and are designed for safety and convenience, he added.
To protect valuable home appliances, he disclosed that Binatone’s power range offers stabilizers in 2 KVA and 5 KVA capacities and surge-voltage protectors in 13 A30 A ratings—ideal for air conditioners.
“The company’s newly launched Power Stations, available in 1.8 KVA and 2.4 KVA variants, provide portable, plug-and-play power with solar-charging capability, ensuring reliable backup power for homes, small offices, and outdoor use”
He disclosed that customers will also find irresistible discounts on Binatone’s dry and steam irons, garment steamers, and microwave ovens thar are perfect for everyday household needs.
“The breakfast-essentials range features pop-up toasters, sandwich makers, and juicers designed to make mornings easier,” he stated. He announced that the high-powered blender collection includes durable, unbreakable jugs capable of smoothly blending hard nuts and beans.
“Additionally, Binatone has introduced the Tefal Cookware Range, offering premium non-stick pots and pans for healthy cooking, along with Freeplay solar-powered lanterns and torches, ensuring every home remains bright and energy-efficient
“Binatone’s Black Friday celebration is our way of thanking loyal customers for their trust over the years,” Mr Banerjee added.
“We are bringing quality, affordability, and innovation together, thus making this season the perfect time to upgrade your home.
”All Binatone products comes with a two-year warranty, giving customers additional peace of mind and assurance of lasting quality.
“Don’t miss these amazing Black Friday offers, available for a limited time at all major supermarkets, electronic stores, and online platforms across,” he stated.
Business
Wema Bank’s Top 21 Hackaholics 7.0 Grand Finale Finalists Emerge
Wema Bank, Nigeria’s oldest indigenous bank and pioneer of Africa’s first fully digital bank, has unveiled the Top 21 finalists for Hackaholics 7.0, who will compete at the grand finale scheduled for Friday, November 6, 2026, in Lagos. Themed Festival of the Future, the grand finale will bring together innovators, technology leaders, startup founders, investors and key players in Nigeria’s innovation ecosystem for an immersive celebration of ideas, technology and the possibilities shaping the future.
The Top 21 finalists are: Dynalimb, Harthiq, Acceede, Vhorde, URI, Trarrk, SocialSign, RaverPay, All-Arbitrates, CitizensGage, Craft-Planet, FOID, PayByPalm, Niteonn, Nexa-AI, Neural-Forge, MamaAlert, JolliFlow, Becca, CropiQ and Middleman.
Hackaholics is Wema Bank’s youth and start-up-focused initiative, designed to provide young innovators with a platform to transform creative, technology-driven ideas into practical solutions to real-world challenges and gain a competitive edge in the global technology and digital space. Since its launch in 2019, the initiative has recorded over 21,000 applicants, engaged more than 50,000 participants, supported over 10,000 startups across three countries and developed more than 100 solutions from scratch.
The 7th edition, which commenced on July 1, 2026, attracted 5,329 participants and generated 1,632 innovative ideas and solutions across seven pitch-centre locations: Uyo, Kano, YabaTech, Benin, Ibadan, Enugu and Lagos. Following the nationwide tour, 59 participants emerged from the various centres, with the Top 21 selected through a rigorous, multi-stage evaluation process.
The Hackaholics 7.0 grand finale week will feature a three-day programme of strategic engagement and innovation-focused activities. On Wednesday, November 4, the finalists will participate in the Pre-Pitch, where they will present refined versions of their solutions. This will be followed by the Ecosystem Tour on Thursday, November 5, powered by Wema Bank, offering participants the opportunity to visit leading institutions within the technology and innovation ecosystem, interact with industry professionals and gain practical insights ahead of the final competition. The programme will culminate in the grand finale on Friday, November 6, where outstanding innovators will be recognised and celebrated.
Through Hackaholics, Wema Bank continues to demonstrate its commitment to advancing Nigeria’s innovation ecosystem by identifying emerging talent, creating opportunities for young innovators and supporting the development of solutions to real-world challenges. The initiative reinforces the Bank’s role in empowering the next generation of innovators and building an ecosystem where ideas can thrive and possibilities become reality.
Business
Sanusi Warns FG Against Spending Without Restraint
Emir of Kano, Alhaji Muhammadu Sanusi II, has implied that the Federal government may not be able to achieve it’s economic reform dream if it maintains it’s present expenditure rate, declaring that Nigeria could not pursue fiscal consolidation while continuing to spend without restraint.
Speaking virtually to the audience at the Oxford Global Think Tank Leadership Conference, organised by the Oxford Global Think Tank, on Tuesday, the monarch said reform must go beyond removing fuel subsidies and liberalising the exchange rate, describing it as a comprehensive package that needed to address many other areas.
He said government needed to make clear spending priorities, choosing between roads, electricity, agriculture, and technology based on available resources.
The Emir also raised concerns about the size of government expenditure, saying Nigeria could not pursue fiscal consolidation while continuing to spend without restraint.
He said the World Bank had pointed out that in the first half of this year Nigeria’s debt service consumed 124 per cent of federal government revenue.
Sanusi warned that the country needed to urgently address the sustainability of its debt and pursue structural reforms that had not yet been made.
The former CBN boss said every $10 billion spent on roads was $10 billion taken away from electricity and agriculture, stressing the need for deliberate choices.
Sanusi acknowledged that Tinubu’s economic reforms had produced measurable progress, citing improvements in GDP growth, inflation, and foreign reserves.
He said GDP growth has risen from an average of 0.9 per cent under the previous administration to 4.5 per cent, describing the change as progress that deserved recognition.
“I think moving from an average growth rate of 0.9 per cent to 4.5 per cent is progress. Moving from inflation of over 30 per cent to 14.5 per cent is progress.”
“Moving from the point where in 2023 the central bank’s reserves were maybe negative to where we are now having reserves of $55 billion is progress.”
He, however, stressed that issues such as poverty, hunger, maternal mortality, malnutrition, education and healthcare remained serious concerns that the reforms has not yet addressed.
Sanusi said the government should have designed social safety net policies to soften the impact of reforms on vulnerable Nigerians from the beginning.
The former CBN boss also advised the government to tolerate constructive criticism,warning the Federal Government against treating every comment about it’s workings as an attack on President Bola Tinubu.
“It’s not every time people talk about poverty or talk about difficulty that they’re just enemies of the government or making an attack on the president. That is not how to respond to economic distress,” he said.
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